Q.
Do u think that a finance portfolio should be given to one who is finance expert only?
Asked by Mukund Thatte,
19 Feb '09 03:45 pm
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Answers (5)
1.
NO,
Dear U can also do it very nicely better than him/her.
Answered by shalabh agrawal, 19 Feb '09 03:46 pm
Dear U can also do it very nicely better than him/her.
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4.
When financial experts fail to control the economy how can we visualise that non expert will manage the affaris for growth?
Economists in India or abroad are talking of economic slowdown or global recession. They say that there is fall in demand and hence growth engine is moving slowly or going reverse. It is astonishing that demand in Gold is increasing and prices are sky rocketing. Even now there are buyers of houses, shops and commercial houses worth 50 lacs and above whatever the rate of interest on housing loan may be in the market. But such buyers are microscopically small in the country.It means that money is confined in the hands of big business houses who manipulate the prices of commodities, currency or stocks as per their whims and other are silent spectator. This is the saddest part of free economy or capitalism which none can deny.
A few rich houses enjoy the rise in prices of commodities and consider them elevated and dignified when 95% of population suffer in agony ...more
Answered by Danendra Jain, 20 Feb '09 06:18 am
Economists in India or abroad are talking of economic slowdown or global recession. They say that there is fall in demand and hence growth engine is moving slowly or going reverse. It is astonishing that demand in Gold is increasing and prices are sky rocketing. Even now there are buyers of houses, shops and commercial houses worth 50 lacs and above whatever the rate of interest on housing loan may be in the market. But such buyers are microscopically small in the country.It means that money is confined in the hands of big business houses who manipulate the prices of commodities, currency or stocks as per their whims and other are silent spectator. This is the saddest part of free economy or capitalism which none can deny.
A few rich houses enjoy the rise in prices of commodities and consider them elevated and dignified when 95% of population suffer in agony ...more
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5.
No. A good finance minister is one who know exactly which sector is good to tax and which sector need spending. Mr Chidambaram , one of the best finance minister is a lawyer by profession and Mr Yashwant sinha ,one of the worst finance minister is a financial expert.
Answered by thangiah kannan, 19 Feb '09 04:28 pm
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